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Start innovating with a Lean Startup mindset from "summary" of The Lean Startup by Eric Ries
The Lean Startup mindset is centered around the idea of building a business model based on continuous innovation. This means that instead of waiting until a product is fully developed to launch it, entrepreneurs should start by creating a minimum viable product (MVP) and then test it with customers to gather feedback. This feedback is then used to make incremental improvements to the product, allowing the business to learn and adapt quickly. By taking a lean approach to innovation, startups can avoid wasting time and resources on products that ultimately fail in the market. Instead of spending months or even years developing a product in isolation, entrepreneurs can launch quickly, learn from customer feedback, and iterate on their ideas in real time. This not only reduces the risk of failure b...Similar Posts
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